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RETAIL PREMISES TO LET - 5 ARWENACK STREET, FALMOUTH TR11 3JD
Proportional FRI lease with terms to be agreed at a rent of £8,000 per annum. |
Small lock-up ground floor shop unit with lower ancillary store to let situated at the northern end of Arwenack Street, close to the junction with Church Street.
LOCATION:
Falmouth is a coastal town situated approximately 12 miles south west of Truro and is famous for its extensive natural amenities which include the harbour and surrounding beaches. The town has a strong maritime history and is a very popular venue for yachting and dinghy racing events. Falmouth is one of the county’s leading holiday resorts with a resident population of around 28,000 persons which increases considerably during the summer months.
SITUATION:
The property lies at the northern end of Arwenack Street, close to the junction with Church Street, in an excellent trading location. Occupiers within the vicinity comprise a mixture of local independent retailers, restaurant/cafes and estate agents. Nearby occupiers include the Beside the Wave Gallery and Willow and Stone.
DESCRIPTION:
The property is a small lock-up ground floor shop unit with lower ancillary store and WC and affordable overheads with potentially no rates liability.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground floor
Sales area 13.57 m² (146 ft²)
Raised sales area 6.6 m² ( 71ft²)
WC
Total 20.17 m² (217 ft²)
NEW LEASE:
A new lease is available on a proportional full repairing and insuring lease with terms to be agreed at a rent of £8,000 per annum.
BUSINESS RATES:
Rateable Value £7,200 (2017 List) qualifying tenants will benefit from 100% small business rate relief.
VAT:
We understand that the property is not registered for VAT.
LEGAL FEES:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.
SERVICES:
We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.
PLANNING:
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.
ENERGY EFFICIENCY RATING: BAND D (97)
THIS PROPERTY HAS A RATING OF 97
Certificate Reference Number:0092-2143-2130-9800-2603
Report Reference Number: 0240-2980-0426-3910-1024
MONEY LAUNDERING REGULATIONS
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.
VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Chris Waters – chris@charterwood.com
or Jo Counter – jo@charterwood.com
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